Take the Plunge With Oceaneering International

Shares of the oil-services company should rise along with the uptick in deepwater drilling activity.

More than two years after the BP oil spill, deepwater drilling is growing by leaps and bounds around the globe and has surpassed pre-disaster levels in the Gulf of Mexico. Expect Oceaneering International's stock to rise along with the drilling activity.

Oceaneering International (ticker: OII) provides essential services to the offshore exploration and production market, particularly in deep water, and is poised to benefit from increased activity worldwide, as rig count is expected to climb more than 30% in the next...